In January of this year I started renting our primary residence full time on Airbnb and VRBO (we moved to a rental one town over so our boys could be closer to friends/school).

The house is a 3/2 in North County San Diego, walking distance to the beach and restaurants. I self manage and have learned a lot throughout the year. At first I was pretty picky about bookings but I've learned to be much more flexible in this department.

Airdna estimated our STR could bring in ~120k per year. I estimate if we were to transition to a LTR we would bring in ~$56.5k annually. So far, our STR has grossed $46k.

We have professional photos, dynamic pricing, an optimized listing, I have 32 reviews (all 5 stars), I'm in the top 5% of homes according to Airbnb, etc. etc. However, I feel like I am just bleeding money. The costs of getting the STR up and running has felt relentless. September and October are the absolute best months (weather wise) in San Diego and our occupancy is 12%. I feel like I am doing everything right, but I am clearly doing something wrong! I guess this is just a vent post but man I am feeling so frustrated!